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Alias Born | 12/14/2012 |
Friday, September 01, 2017 3:24:47 PM
I, unlike others, actually OWN my own business (a limousine company in NYC) and actually KNOW how difficult it is to raise money to purchase capital equipment (in my particular case, automobiles) to operate my business.
Just because the company is issuing some shares to cover costs for acquiring another company does not mean it is a SCAM as some others have continually alleged. There is a distinct difference here: OMVS is issuing shares to cover LEGITIMATE OPERATING COSTS, such as research and development and the acquisition of RAD, to name just two - these are productive endeavors that will make the company stronger in the long run.
It is a STRATEGIC plan here, not just the issuance of shares for the purpose of generating income for the company management, like many OTC companies do.
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